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Aurora aims for positive free cash flow by 2028

CNBC Business1 min read129 words
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Aurora Innovation Inc., the autonomous‑vehicle startup founded by former Google self‑driving chief Chris Urmson, announced to CNBC that it aims to achieve positive free cash flow by 2028. The target is anchored in the company’s plan to scale its fleet of autonomous trucks, a segment the firm expects to dominate as the logistics industry adopts driver‑less technology.

The CEO said the projected cash‑flow turnaround will stem from a “substantial increase” in the number of autonomous trucks deployed in commercial operations, bolstered by partnerships with major freight carriers and ongoing advances in sensor and software platforms. By expanding its truck fleet and securing long‑term service contracts, Aurora hopes to generate sufficient revenue to cover operating expenses and capital outlays, positioning the company for sustainable profitability within the next five years.

Read the original at CNBC Business

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